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AGP Executive Report

Last update: 8 minutes ago

Oil & Gas Economics: ExxonMobil says its Guyana venture has already recouped about US$55B invested since 2014, about two years faster than expected, as the Stabroek Block’s profit-sharing deal keeps Guyana’s output surging and Exxon’s free cash flow set to double by 2030; the company also reports record upstream performance and a new fifth FPSO moving toward 4Q26 startup. Corporate Earnings: Exxon posted Q2 net profit up 105% to US$14.53B (revenue US$116.02B) but missed Wall Street estimates, while Chevron also logged a standout quarter amid Iran-war supply disruptions. Maritime Safety & Justice: Guyana’s five-member international MV Barima Commission of Inquiry was sworn in, with President Ali pledging full support; meanwhile, defence lawyers argue murder charges against three crew members are premature under maritime law unless the capsizing is first properly investigated. Labour & Construction Safety: The Labour Ministry continues its “Putting Safety First in the Construction Sector” campaign with a Region Four seminar, pushing a stronger safety culture before inspections ramp up. Mining Deal: G Mining Ventures and G2 Goldfields completed a US$2.2B consolidation, combining Guyana gold assets into a larger district-scale project. UN Watch: In the first secret Security Council straw poll for the next UN secretary-general, UNCTAD chief Rebeca Grynspan led, with Guyana’s Carolyn Rodrigues-Birkett close behind.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jul. 2, 2026

Guyana to host launch of Caribbean Energy Week 2027

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Jul. 2, 2026

Guyana to launch Caribbean Energy Week 2027

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Jun. 18, 2026

Speed International Logistics expands multimodal network for global supply chains

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Jul. 15, 2026

Flare monitoring market to reach $1.96 billion by 2035

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G Mining Ventures and G2 Goldfields Complete US$2.2B Guyana Gold Consolidation Deal

G Mining Ventures and G2 Goldfields Complete US$2.2B Guyana Gold Consolidation Deal

ExxonMobil to recoup initial costs and increase profits in Guyana

ExxonMobil to recoup initial costs and increase profits in Guyana

ExxonMobil Offshore Oil Venture in Guyana Recoups Initial Costs

ExxonMobil Offshore Oil Venture in Guyana Recoups Initial Costs

Guyana swears in Commission of Inquiry into deadly MV Barima ferry disaster

Guyana swears in Commission of Inquiry into deadly MV Barima ferry disaster


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Jul. 29, 2026

Quality Companies Expands Manufacturing Footprint Across Acadiana with Two-Site Investment

Louisiana Economic Development

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Jul. 22, 2026

U92 Energy Announces Public Offering of up to $6 Million

GlobeNewswire, Inc.

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Jul. 15, 2026

Flare Monitoring Market Technology, Top Players, Growth Dynamics and Global Trends, Industry Forecast 2026 to 2035

EIN Presswire

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Jul. 13, 2026

G Mining and G2 Goldfields Provide Update on Arrangement with G Mining and Spin-Out of G3 Goldfields

GlobeNewswire, Inc.

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Jul. 2, 2026

Guyana to Host Launch of Caribbean Energy Week 2027 as Regional Energy Momentum Builds

EIN Presswire

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Jul. 2, 2026

Guyana to Host Launch of Caribbean Energy Week 2027 as Regional Energy Momentum Builds

EIN Presswire

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